property development

New Delhi, March 30 Real estate major DLF has finalized a deal to sell its IT-ITeS SEZ (special economic zone) project and nearly 18 acres of vacant land in Kolkata for Rs 710 crore to Srijan Group as part of its strategy to monetize commercial assets.The deal was announced in April last year...

New Delhi, March 27 Arvind SmartSpaces Ltd, a real estate firm, will redevelop a housing society in Mumbai, and expects to generate revenue of around Rs 300 crore from the saleable area.In a regulatory filing on Friday, the Ahmedabad-based company announced that it has signed a redevelopment...

New Delhi, March 26 Realty firm Prestige Estates Projects Ltd and Arihant Group have acquired 16.3 acres of land in Chennai to develop a housing project with an estimated revenue of around Rs 5,000 crore.In a regulatory filing on Thursday, Prestige informed that the company, along with Arihant...

New Delhi, March 25 – Delhi Minister Parvesh Verma on Wednesday targeted the previous AAP government and then Chief Minister Arvind Kejriwal over gross violations in the construction of a sprawling mansion, widely known as 'Sheesh Mahal', as well as the destruction of green cover for its...

Bengaluru, March 25 Puravankara Ltd, a real estate firm, announced on Wednesday that it will launch around 30 housing projects, primarily in South and West India, over the next two and a half years, with an estimated revenue of ₹35,636 crore. This move is aimed at capitalizing on the rising...

New Delhi, March 25 Brigade Enterprises Ltd expects revenue of more than Rs 1,100 crore from a new housing project in Bengaluru.In a regulatory filing on Wednesday, the company said it has launched 'Brigade Belvedere', a 10.75-acre residential development in East Bengaluru.This initial phase...

New Delhi, March 24 Kerten Hospitality, headquartered in Ireland, announced its entry into India on Tuesday, aiming to launch with 1,000 keys in the first phase, featuring three brands: The House Hotel, Cloud7 Hotels, and HOSME.India represents a strategic growth market for the group, aligning...

New Delhi, March 22 Godrej Properties Ltd and Lodha Developers Ltd are optimistic about India's housing demand, as both real estate firms have acquired more than 25 land parcels so far this fiscal year to develop residential projects with a combined revenue potential of more than Rs 1 lakh...

Hyderabad, March 22 – The Telangana government has amended building rules, relaxing TDR norms for builders in Hyderabad up to the Outer Ring Road limits.The government has issued a Government Order (GO) to enhance flexibility in the rules related to the utilization of Transferable Development...

New Delhi, March 20 In a move to reduce the financial burden on property developers and homeowners, the Delhi Jal Board has approved the issuance of provisional NOCs upon payment of 25 per cent of infrastructure charges at the building plan approval stage, officials said on Friday.Delhi Water...

New Delhi, March 20 Max Estates Ltd, a real estate firm, expects to generate revenue of ₹3,000 crore from a new housing project in Noida.In a regulatory filing on Friday, the company announced the launch of a residential community, "Estate 105," located in Sector 105, Noida, Uttar Pradesh...

New Delhi, March 20 Mahindra Holidays & Resorts India Ltd announced on Friday the addition of 159 rooms to its portfolio through the launch of two new resorts in Maharashtra and Madhya Pradesh.The launches of Club Mahindra Amba Ghat (Maharashtra) and Club Mahindra Bandhavgarh (Madhya Pradesh)...

New Delhi, March 19 Mahindra Lifespace Developers Ltd, a real estate firm, expects to generate approximately ₹3,000 crore in revenue from its new housing project in Mumbai.In a regulatory filing on Thursday, the company announced the launch of the first two phases of a mixed-use project...

New Delhi, March 18 JSW Realty, the real estate arm of the JSW Group, has partnered with the Patel family to develop a luxury housing project in Mumbai, with an estimated revenue of over Rs 2,000 crore.In a statement on Wednesday, the company said it has signed a "development agreement with...

New Delhi, March 18 Godrej Properties Ltd, a real estate firm, has acquired 20 acres in Bengaluru to develop a housing project with an estimated revenue of Rs 1,350 crore.In a regulatory filing on Wednesday, the company stated that it has acquired a 20-acre land parcel in East Bengaluru...

Mumbai, March 16 – Maharashtra Minister Shambhuraj Desai told the state Assembly on Monday that changes made by the state government to accelerate the redevelopment of dilapidated and dangerous MHADA (Maharashtra Housing and Area Development Authority) buildings in Mumbai are receiving a...

Mumbai, March 16 Maharashtra Minister Ashish Shelar on Monday directed officials to use technology, including satellite mapping and drones, to identify illegal structures and prepare a concrete action plan by the end of April to make Mumbai encroachment-free.Shelar, the state's Information...

New Delhi, March 15 Real estate major DLF has sold properties, mainly homes, worth Rs 5,250 crore to non-resident Indians (NRIs) during the April-December period of this fiscal, contributing one-third to the company's total sales bookings.According to the investor's presentation, India's...

New Delhi, March 14 Realty firm Brigade Enterprises Ltd will develop a 25-acre industrial park in Bengaluru to meet rising demand.In a regulatory filing, Bengaluru-based Brigade said it has entered the industrial real estate market, with the launch of 'Brigade Industrial Park', a 25-acre...

New Delhi, March 14 Sales bookings at realty firm Gaurs Group increased by 12 per cent to Rs 5,347 crore during the first nine months of this fiscal, driven by strong demand for its residential and commercial properties.The Delhi-NCR based company had sold properties worth Rs 4,786 crore in...